ITRI Appoints Alex Y.M. Peng as Executive Vice President

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ITRI Appoints Alex Y.M. Peng as Executive Vice President

2018-08-01

ITRI announced on August 1st that Dr. Alex Y.M. Peng, ITRI’s Vice President and General Director of Material and Chemical Research Laboratories, has been appointed to serve as ITRI Executive Vice President.

ITRI held an inauguration ceremony for Alex.Y.M. Peng (middle), the newly appointed Executive Vice President.

ITRI Chairman Chih-Kung Lee stated that Dr. Peng has worked at ITRI for 30 years and has extensive experience in innovative materials-related R&D. He also has a comprehensive understanding of the needs of local industry in terms of groundbreaking materials. Dr. Peng’s international perspectives and strong communication and integration skills have proven instrumental in leading large-sized R&D teams, engaging in multi-disciplinary cooperation, and forging international and academic cooperation.

ITRI President Edwin Liu remarked that Peng earned his Ph.D. in Material Science from Manchester University in the UK, with specialties in energy storage materials, electrochemical engineering, and planning & management. Peng entered ITRI in 1988, and he subsequently served as the Deputy General Director of the Material Research Laboratories and the Material and Chemical Research Laboratories for nearly 10 years, following which he was the General Director of the Office of Strategy and R&D Planning for four years. Peng has particular expertise in integrating resources from various units and leading R&D teams in establishing Taiwan as an international hub for the development of solid-state capacitors, high-safety lithium batteries, and advanced electronic materials and components. Moreover, he has actively promoted industrial R&D alliances and associations, thereby creating the foundation for industry value chains. His efforts have helped Taiwan play an important role in the international arena and expand into global markets, he said.

President Liu added that in response to the government's 5+2 Industrial Innovation Plan, Peng and his R&D team have devoted themselves to providing innovative materials technologies in order to upgrade the level of industrial development here and drive new investment. For instance, he has played a role in promoting Taiwan's New Southbound Policy. Cooperation is being carried out with Amita Technologies and Thailand's Energy Absolute to promote the use of the highly safe lithium battery STOBA® material. It is expected that a factory will be opened in Thailand in 2019 to produce batteries, driving entry into the ASEAN automobile market and electricity storage market. Meanwhile, the LCD Waste Recycling System has helped Innolux Corp, AU Optronics and other major LCD makers in saving costs on 15 billion liquid crystals. In 2017, a turnkey solution was exported to the United States, helping to recycle discarded LCD panels in an environmentally friendly manner. Peng has also led cooperation with a renowned textile company on developing functional textile technologies and establishing a world-class textile industry chain.

Alex.Y.M. Peng was appointed as ITRI’s Executive Vice President.

President Liu emphasized that Taiwan should develop innovative technologies and industries with unique market potential, such as the circular economy. ITRI has already created a Circular Economy Strategic Office, he said, further expressing his hope that Peng's expertise and management talent will lead the ITRI team to realize its abilities in innovative R&D across multiple disciplines, helping industry cater toward Blue Ocean possibilities.

Peng stated that he has always been extremely enthusiastic towards R&D and assisting industry. He expressed his commitment to creating further momentum that helps to overcome technological and industrial bottlenecks. With respect to his new position, Peng says he will continue to use his strengths to make contributions to ITRI and Taiwan. Meanwhile, he will embrace the future, add depth to ITRI's R&D foundation, and build links with the international community.